The Fish Storage Industry in Drammen: Current Status and Future Prospects

The fish storage industry in Drammen has shown both strength and uncertainty in recent years. In 2023, the industry had 68 employees and achieved sales of 91.7 million Norwegian kroner, demonstrating strong growth since 2016. However, a significant decline was recorded in 2024, where sales dropped to 4.0 million Norwegian kroner. This was followed by a moderate increase in 2025, where sales reached 7.1 million Norwegian kroner. The industry has 9 registered companies, several of which are AS companies, and there are no registered bankruptcies in the data.

Sales in the fish storage industry in Drammen have shown significant growth from 2016 to 2023, with an annual growth rate of 18.7% in 2022 and 115.0% in 2020. However, this was followed by a sharp decline of 95.6% in 2024, which may be due to declines in operating results and sales by certain companies. In 2025, an increase of 76.4% was recorded, but this is still far below the level in 2023. Employees have shown more stable growth, with an increase from 12 to 68 employees from 2016 to 2024, followed by a slight decline in 2025.

In Drammen, there are 9 companies registered in the fish storage industry, of which 3 are AS companies and 6 are ENK companies. The most well-known companies include Fiskeruta As, Sjømatbilen As, and Smaken Fra Havet As. These companies have variable operating performance, with Sjømatbilen As having an EBITDA margin of 8% and Smaken Fra Havet As having a negative EBITDA margin of -2%. There are no registered bankruptcies in the industry, but several companies have low or negative operating results.

The industry is divided into two main areas in Drammen: Mjøndalen and Drammen. In Mjøndalen, there is 1 registered company with 62 employees, but no sales or operating results have been reported. In Drammen, there are 2 registered companies with a total of 4 employees, of which Sjømatbilen As has sales of 3.9 million Norwegian kroner and Smaken Fra Havet As has sales of 2.6 million Norwegian kroner. Drammen therefore has significantly higher economic activity in the industry compared to Mjøndalen.

The industry has shown both strong growth and significant declines in recent years. The sharpest decline was recorded in 2024, where sales fell by 95.6% compared to 2023. This may be due to poor operating results by certain companies, such as Smaken Fra Havet As with a negative EBITDA of -55,000 Norwegian kroner. However, the industry has shown resilience in 2025, where sales increased by 76.4%, which may indicate an improvement in operating performance.

For entrepreneurs in Drammen, the fish storage industry can be an interesting opportunity, especially in Drammen where there is higher economic activity compared to Mjøndalen. Although the industry experienced a sharp decline in 2024, there was an increase in 2025, which may indicate an improvement. Entrepreneurs should, however, be aware of the variable operating results recorded in the industry and conduct thorough market analyses before investing.

Compared to the broader services sector in Drammen, which has 211 companies and total sales of 4.3 billion Norwegian kroner in 2025, the fish storage industry is less developed. The services sector has more stable growth, with an annual growth rate of 0.5% in 2025. Peer companies in the services sector include supermarket chains such as Ng Kiwi Buskerud As and Meny Brakerøya, which have higher EBITDA and sales compared to the fish storage industry. This shows that the services sector has a larger market share and more stable economic performance.

The fish storage industry in Drammen has both opportunities and challenges. With strong growth from 2020-2023 and an improvement in 2025, the industry can be an attractive market for entrepreneurs. However, attention should be paid to the variable operating results and the significant declines that have been recorded. SmartGrunder can help entrepreneurs find suitable addresses in Drammen for the fish storage industry, based on local conditions and market prospects.